MESA - Airlines gain on stimulus hopes while execs warn on slow recovery

A day after Delta Air Lines ([[DAL]] +0.2%) warned on a long recovery for demand, there are similar comments out from American Airlines ([[AAL]] +0.9%) CEO Doug Parker."Flying less than half of what we were flying a year ago in terms of networks, with no anticipation at American Airlines that air travel demand will return to 2019 levels anytime in 2021," Parker is quoted as saying at a CAPA conference. In the short term, government aid is the key point. At the risk of sounding like a broken record, there is news that U.S. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi are scheduled to have a phone call about stimulus today. The airline sector is higher on the day off that development, led by Alaska Air Group ([[ALK]] +1.9%), SkyWest ([[SKYW]] +1.6%), Southwest Air Lines ([[LUV]] +1.0%), Mesa Air ([[MESA]] +2.7%) and JetBlue ([[JBLU]] +1.7%).Here is how the

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Airlines gain on stimulus hopes while execs warn on slow recovery